Sanctions Analyst

RBC • Vancouver, BC

1d • Hybrid

About The Position

You will be responsible for the fulfillment of all day-to-day activities relating to timely and accurate processing of all high-risk wire/payments/messages stopping in the RBC Sanction Scanning engine. Your responsibilities include accountability for escalating all extreme high-risk processes associated with Sanctions processing to GES, AML and NFDG. You will also be responsible to proactively monitor and resolve all false positive matches within the sanction scanning engine. This role can be done from Vancouver, Toronto or Halifax. Shifts based on time zones: Vancouver: 10:00am - 6:00pm PST, Toronto: 1:00pm - 9:00pm EST, Halifax: 2:00pm - 10:00pm AST.

Requirements

• Strong risk mindset
• Ability to work in a deadline driven / day and evening shift environment demonstrating flexibility to work occasional overtime and public holidays
• Ability to complete tasks independently
• Change Management
• Problem Solving/Analytical Thinking
• Active Learning
• Adaptability
• Communication
• Critical Thinking
• Customer Service
• Detail-Oriented
• People Management
• Product Services

Responsibilities

• Act as a first line reviewer for all potential sanction related messages
• Ensure all false positive matched transactions & payments are processed in accordance with the AML Compliance, Economic Sanctions policy, AML Regulatory requirements, CPA, LVTS, SWIFT, ACH & Banking Arrangement guidelines to avoid reputational risk, eliminate/minimize interest claims and potential losses to RBC & escalate all “positive matches” transactions to the Economic Sanctions Payments team / National Fraud Detection Group as required.
• Ensure minimal unnecessary escalations are made and adherence to internal quality assurance
• Mitigate operational/transactional risk through proactive measures e.g. being aware of various cut-off times, accurate processing and verification of payments
• Work closely with peers and Managers, Team Leaders and service partners; establishing collaborative working relationships to enhance the customer experience and minimize costs.
• Responsible for the development of a continuous learning philosophy by enhancing competencies and continuously improving skill-set through documented self-development plans (RBC Campus cross-training, videos, books etc…)

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed